INDEPENDENT RADIO NEWS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate”

Significant events

• “Newslink revenues were up year on year by 1% but just missed their annual target, following a somewhat roller coaster year with four months not reaching their respective targets These misses were in part due to periodic macroeconomic uncertainty, initially following the UK General Election in July, with much talk by the new Government of a 'Black Hole' in the public finances”
• “In March IRN agreed a multi- year extension to the News Supply Agreement with Sky News, which for the first time includes new video elements, including a daily pool video clip, the option to take visual off-air clips from Sky News for use on social media channels, video feeds from the cameras in court service and access to Sky News's Publisher Player”
• “The business has had another very important year of big stories in 2024, including a landslide election victory for Kier Starmer and Labour, the truly shocking Southport Killings and subsequent rioting around the UK, the health scares in the Royal Family And abroad we saw the remarkable return of Donald Trump to the White House, following President Biden's chaotic withdrawal from his re-election campaign and replacement by vice president Kamala Harris The business reported on the ongoing conflicts in Gaza and the Ukraine and a year of incredible sport, including Manchester City winning an unprecedented fourth title in a row, England getting into the final of the Euro's again but losing again, this time without a penalty shootout And the British team doing well at the Paris Olympics too”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.6%

  £7,728,000 → £7,853,000

• Cash

  +2.5%

  £2,213,000 → £2,268,000

• Net assets

  +1.2%

  £2,121,000 → £2,147,000

• Employees

  0%

  2 → 2

• Operating profit

  +1%

  £2,837,000 → £2,866,000

• Profit before tax

  +1.3%

  £2,917,000 → £2,956,000

• Wages

  +2.7%

  £221,000 → £227,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers